Bullboard - Stock Discussion Forum NORTHERN BLIZZARD RESOURCES INC T.NBZ

Energy Oil & Gas Integrated

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."

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TSX:NBZ - Post Discussion

NORTHERN BLIZZARD RESOURCES INC > shorting this would be stupid now

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Post by Frank007 on Nov 03, 2016 1:04pm

shorting this would be stupid now

someone started shorting at $5.65 .....they are out 2 million shares now and now way to cover ....on options available ....lol ....buy a few if you can .....

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Comment by ppp on Nov 03, 2016 2:02pm

If you are part of the drip shorting this makes sense as you can cover with the shares you receive. NBZ is getting hammered because of the massive dulution the drip is causing at these prices. Management needs to wake up.

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Comment by mike49 on Nov 03, 2016 9:25pm

My 2 cents... maybe some retail short and cover however it works for them but I think another arm of the 2 biggest holders is at work to keep sp down,solely because of drip. why buy a company if you get it for free? Who blinks? Tax loss season is near-could be a bigger ouch. management is compensated wrongly and at a too high of rate for mom and pop to matter,considering the float. A rep ...more

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